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Ilji Technology Q3 profit falls YOY

4911953 said its third-quarter normalized net income came to 94.26 South Korean won per share, a decrease of 63.1% from 255.29 won per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.27 billion won, a decrease of 63.1% from 3.45 billion won in the prior-year period.

The normalized profit margin fell to 1.9% from 6.4% in the year-earlier period.

Total revenue climbed 25.2% on an annual basis to 68.00 billion won from 54.31 billion won, and total operating expenses climbed 24.2% on an annual basis to 61.51 billion won from 49.51 billion won.

eported net income decreased 57.6% from the prior-year period t Ilji Technology Co. Ltd.